Would you take the short gain and make 30k or risk another 30k to get 50k, or risk another 30k and get 1300 in rent each month?

Hey Terra,Short answer-Yes.

I'm putting "raised rates" in quotes because the Fed only sets one rate, the overnight lender-of-last-resort rate for SHORT term inter-bank debt.

First how is the job market area and will lets say a professional will be just be there for short contract time.IE a professor with out tenor at the university may rent because work my take him or her elsewhere and they do not want to wait for a home to sell.

As to meetings, there are many throughout the metro Detroit area as I have discovered.

Said he was going to short sell it, and ruin his 800 credit. 

I'm thrilled to have discovered BiggerPockets after almost falling for a guru pitch.

To keep this as short winded as possible, just do it.  

I only discovered this recently - but, I am cleaning up my credit.

No one will admit this but should you have to sell within a relative short time after purchasing you might lose money.